for the Period Ended 31 December 2018
Balance sheet | |
Notes |
As at
Notes | 2018 | 2017 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Investments: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | | | |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Shareholders funds: | | |
The notes form part of these financial statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2018
for the Period Ended 31 December 2018
2018 | 2017 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 December 2018
INVESTMENT PROPERTY 2018 2017Stg£ Stg£Valuation at beginning of the year 2,000,000 2,000,000Gain on revaluation - -Valuation at end of the year 2,000,000 2,000,000The Company holds an investment property at Argyll Road, Kensington High Street, London. This property has been valued internally by the directors, using assumptions in relation to rental income (based on current and projected rent and occupancy levels) and using a yield of 5.6% (based on the nature and location of the property) and have determined that the fair value equals the carrying value. The assumptions and yield used in valuing the property are supported by market evidence and the directors are confident the value of the investment property is accurately reflected above. Gains on revaluation are shown as a separate item in the statement of income and retained earnings.
for the Period Ended 31 December 2018
2018 | 2017 | |
---|---|---|
£ | £ | |
Debtors due after more than one year: | | |
for the Period Ended 31 December 2018
for the Period Ended 31 December 2018
Name of the related party: | | ||
Relationship: | Shareholder | ||
Description of the Transaction: | | ||
£ | |||
Balance at 01 January 2018 | | ||
Balance at 31 December 2018 | |